SHEL vs. GAW.L
SHEL (Shell plc) and GAW.L (Games Workshop Group plc) are both stocks. SHEL operates in Oil & Gas Integrated (Energy), while GAW.L operates in Leisure (Consumer Cyclical). Over the past 10 years, SHEL returned 10.03%/yr vs 49.39%/yr for GAW.L. At a 0.16 correlation, their price movements are largely independent.
Performance
SHEL vs. GAW.L - Performance Comparison
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Different Trading Currencies
SHEL is traded in USD, while GAW.L is traded in GBp. To make them comparable, the GAW.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, SHEL achieves a 20.10% return, which is significantly higher than GAW.L's -0.29% return. Over the past 10 years, SHEL has underperformed GAW.L with an annualized return of 10.03%, while GAW.L has yielded a comparatively higher 49.39% annualized return.
SHEL
- 1D
- 1.46%
- 1M
- 4.13%
- YTD
- 20.10%
- 6M
- 21.39%
- 1Y
- 32.28%
- 3Y*
- 18.69%
- 5Y*
- 23.01%
- 10Y*
- 10.03%
GAW.L
- 1D
- -0.53%
- 1M
- -5.80%
- YTD
- -0.29%
- 6M
- -2.43%
- 1Y
- 18.68%
- 3Y*
- 33.82%
- 5Y*
- 13.14%
- 10Y*
- 49.39%
SHEL vs. GAW.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SHEL Shell plc | 20.10% | 22.16% | -0.87% | 20.19% | 36.18% | 34.27% | -41.08% | 6.38% | -7.23% | 21.67% |
GAW.L Games Workshop Group plc | -0.29% | 59.71% | 37.99% | 26.79% | -20.05% | -10.12% | 93.05% | 116.73% | 14.00% | 350.72% |
Correlation
The correlation between SHEL and GAW.L is -0.10, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jul 5, 2007 | 0.16 |
The correlation between SHEL and GAW.L shifts across timeframes, from -0.10 (1 year) to 0.16 (all time), reflecting how their relationship changes across market environments.
Fundamentals
SHEL:
$247.11B
GAW.L:
£6.24B
SHEL:
$6.39
GAW.L:
£11.54
SHEL:
13.55
GAW.L:
16.35
SHEL:
0.68
GAW.L:
1.28
SHEL:
0.95
GAW.L:
5.08
SHEL:
1.42
GAW.L:
19.53
SHEL:
$266.82B
GAW.L:
£1.23B
SHEL:
$41.65B
GAW.L:
£881.50M
SHEL:
$57.44B
GAW.L:
£574.30M
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Return for Risk
SHEL vs. GAW.L — Risk / Return Rank
SHEL
GAW.L
SHEL vs. GAW.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Shell plc (SHEL) and Games Workshop Group plc (GAW.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| SHEL | GAW.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.85 | ||
| Sortino ratioReturn per unit of downside risk | +0.72 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.16 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.00 | 1.24 | +1.76 |
| Martin ratioReturn relative to average drawdown | 8.40 | 2.37 | +6.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SHEL | GAW.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.54 | 0.68 | +0.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.92 | 0.40 | +0.52 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.33 | 1.33 | -1.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.65 | -0.44 |
Drawdowns
SHEL vs. GAW.L - Drawdown Comparison
The maximum SHEL drawdown since its inception was -71.57%, which is greater than GAW.L's maximum drawdown of -67.53%. Use the drawdown chart below to compare losses from any high point for SHEL and GAW.L.
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Drawdown Indicators
| SHEL | GAW.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.57% | -67.53% | -4.04% |
Max Drawdown (1Y)Largest decline over 1 year | -10.81% | -15.05% | +4.24% |
Max Drawdown (3Y)Largest decline over 3 years | -18.47% | -22.45% | +3.98% |
Max Drawdown (5Y)Largest decline over 5 years | -25.04% | -60.90% | +35.86% |
Max Drawdown (10Y)Largest decline over 10 years | -71.57% | -61.40% | -10.17% |
Current DrawdownCurrent decline from peak | -7.13% | -9.32% | +2.19% |
Average DrawdownAverage peak-to-trough decline | -16.74% | -21.02% | +4.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.85% | 7.86% | -4.01% |
Volatility
SHEL vs. GAW.L - Volatility Comparison
The current volatility for Shell plc (SHEL) is 5.98%, while Games Workshop Group plc (GAW.L) has a volatility of 9.42%. This indicates that SHEL experiences smaller price fluctuations and is considered to be less risky than GAW.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SHEL | GAW.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.98% | 9.42% | -3.44% |
Volatility (6M)Calculated over the trailing 6-month period | 17.50% | 17.56% | -0.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.15% | 27.29% | -6.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.22% | 33.03% | -7.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.84% | 37.21% | -6.37% |
Dividends
SHEL vs. GAW.L - Dividend Comparison
SHEL's dividend yield for the trailing twelve months is around 3.41%, more than GAW.L's 2.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GAW.L Games Workshop Group plc | 2.57% | 3.49% | 3.08% | 4.51% | 3.50% | 1.96% | 1.65% | 2.62% | 4.28% | 5.32% | 0.00% | 0.00% |
SHEL Shell plc | 3.41% | 3.90% | 4.39% | 3.76% | 3.48% | 3.78% | 5.69% | 6.27% | 6.27% | 2.75% | 6.49% | 8.17% |
Financials
SHEL vs. GAW.L - Financials Comparison
This section allows you to compare key financial metrics between Shell plc and Games Workshop Group plc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
SHEL vs. GAW.L - Profitability Comparison
SHEL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Shell plc reported a gross profit of 13.31B and revenue of 69.57B. Therefore, the gross margin over that period was 19.1%.
GAW.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Games Workshop Group plc reported a gross profit of 235.50M and revenue of 332.10M. Therefore, the gross margin over that period was 70.9%.
SHEL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Shell plc reported an operating income of 10.35B and revenue of 69.57B, resulting in an operating margin of 14.9%.
GAW.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Games Workshop Group plc reported an operating income of 141.80M and revenue of 332.10M, resulting in an operating margin of 42.7%.
SHEL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Shell plc reported a net income of 5.68B and revenue of 69.57B, resulting in a net margin of 8.2%.
GAW.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Games Workshop Group plc reported a net income of 105.50M and revenue of 332.10M, resulting in a net margin of 31.8%.
Frequently Asked Questions
SHEL and GAW.L have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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